Stephen Connelly - 04 Jun 2021 Form 4 Insider Report for Equillium, Inc. (EQ)

Role
Chief Scientific Officer, Director
Signature
/s/ Jason A. Keyes, Attorney -in-Fact for Stephen Connelly
Issuer symbol
EQ
Transactions as of
04 Jun 2021
Net transactions value
-$138,304
Form type
4
Filing time
09 Jun 2021, 06:03:33 UTC
Next filing
07 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQ Common Stock Options Exercise $18,225 +6,509 +0.66% $2.80 999,509 04 Jun 2021 Direct
transaction EQ Common Stock Sale $45,601 -6,509 -0.65% $7.01* 993,000 04 Jun 2021 Direct F1
transaction EQ Common Stock Options Exercise $33,392 +7,030 +0.71% $4.75* 1,000,030 04 Jun 2021 Direct
transaction EQ Common Stock Sale $49,245 -7,030 -0.7% $7.00* 993,000 04 Jun 2021 Direct F1
transaction EQ Common Stock Options Exercise $23,772 +8,490 +0.85% $2.80 1,001,490 07 Jun 2021 Direct
transaction EQ Common Stock Sale $60,145 -8,490 -0.85% $7.08* 993,000 07 Jun 2021 Direct F2
transaction EQ Common Stock Options Exercise $66,025 +13,900 +1.4% $4.75* 1,006,900 07 Jun 2021 Direct
transaction EQ Common Stock Sale $99,264 -13,900 -1.4% $7.14* 993,000 07 Jun 2021 Direct F3
transaction EQ Common Stock Options Exercise $49,851 +10,495 +1.1% $4.75* 1,003,495 08 Jun 2021 Direct
transaction EQ Common Stock Sale $75,315 -10,495 -1% $7.18* 993,000 08 Jun 2021 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EQ Employee Stock Option (right to buy) Options Exercise $0 -6,509 -43% $0.000000 8,490 04 Jun 2021 Common Stock 6,509 $2.80 Direct F5
transaction EQ Employee Stock Option (right to buy) Options Exercise $0 -7,030 -22% $0.000000 24,845 04 Jun 2021 Common Stock 7,030 $4.75 Direct F6
transaction EQ Employee Stock Option (right to buy) Options Exercise $0 -8,490 -100% $0.000000* 0 07 Jun 2021 Common Stock 8,490 $2.80 Direct F5
transaction EQ Employee Stock Option (right to buy) Options Exercise $0 -13,900 -56% $0.000000 10,945 07 Jun 2021 Common Stock 13,900 $4.75 Direct F6
transaction EQ Employee Stock Option (right to buy) Options Exercise $0 -10,945 -100% $0.000000* 0 08 Jun 2021 Common Stock 10,945 $4.75 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.04, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (4) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.19, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (4) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.38, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (4) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.04 to $7.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (4) to this Form 4.
F5 The option, representing a right to purchase a total of 14,999 shares, became exercisable on May 19, 2021, which was the first anniversary of the date on which the option was granted, and in 36 equal monthly installments thereafter.
F6 The option, representing a right to purchase a total of 31,875 shares, became exercisable on December 10, 2020, which was the first anniversary of the date on which the option was granted, and in 36 equal monthly installments thereafter.